According to former SEC attorney John Reed Stark the current SEC, under the chairmanship of Gary Gensler, is unlikely to approve a Bitcoin spot ETF application centering on significant regulatory concerns, including the ability to prevent fraud and protect investors. The SEC crypto divide. Interestingly, Stark believes the issue of crypto regulation has evolved into The post SEC partisan divide could alter Bitcoin ETF approval odds, former SEC attorney predicted appeared first on CryptoSlate.

On blockchain networks like Ethereum, decentralized validation underpins the entire ecosystem. Yet paradoxically, the highly-technical process of constructing the blocks that store transactions may be quietly accruing influence in the hands of just a few. According to an analysis by Ethereum researcher Thomas Thiery, block building has evolved into a high-stakes strategic arena. Specialized builders The post Ethereum MEV incentives limit decentralization new report shows appeared first on CryptoSlate.

Hut 8 Mining announced that it is prepared to acquire assets from Validus Power Corp. as the latter faces insolvency, according to an Aug. 11 statement. Hut 8 Mining, a North American digital asset mining company, has entered a transaction “support agreement” with Macquarie Equipment Finance Ltd over energy supplier Validus. Previously, Validus supplied energy The post Hut 8 Mining eyes asset acquisition as energy supplier faces insolvency appeared first on CryptoSlate.

Visa is taking significant strides toward simplifying blockchain transactions. In what could be a game-changer for users, the payment giant has been working on an experimental solution that allows for the payment of on-chain gas fees with a Visa card. Mustafa Bedawala, a product manager at VISA, shared the publication while detailing a perceived problem The post Visa introduces way to pay gas fees with your credit card appeared first on CryptoSlate.

The blockchain cybersecurity firm, CertiK, has reportedly been instrumental in uncovering critical security vulnerabilities in Apple’s latest iPhone operating system (iOS) update. CertiK’s contributions were explicitly related to two security vulnerabilities in Apple’s iOS kernel, which were confirmed to affect the latest iOS devices. According to Apple’s official security update page, these vulnerabilities would have The post CertiK’s crypto security reviews uncover critical vulnerability in Apple iOS appeared first on CryptoSlate.